May 6, 2012
By Norlyn Dimmitt
Median prices took a surprising dive in April (down $45,000), but given the relatively small sample size (38), and the number of distressed sales, I'm not ready to raise alarm flags. Let's see what May numbers do. Both inventory and sales are
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April 9, 2012
By Norlyn Dimmitt
Median prices in Geneva increased significantly in March, and market time has dropped. I'll be looking to see if that trend continues for the next couple of months, adjusting for normal seasonal effects, before declaring that the rebound i
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Number of Homes for Sale (as of Feb 8): 230
Median Price of Homes currently for sale: 299,900
Number of Homes Sold (January, 2012): 18
Average days on the market for sold homes: 280 days
Median Price of Homes Sold (January, 2012): 277,5
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Number of Homes for Sale (as of Jan 11): 240
Median Price of Homes currently for sale: 299,900
Number of Homes Sold (December, 2011): 24
Average days on the market for sold homes: 196 days
Median Price of Homes Sold (December, 2011): 272,000
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Number of Homes for Sale: 268
Median Price of Homes currently for sale: $309,700
Number of Homes Sold (November, 2011): 33
Average days on the market for sold homes: 144 days
Median Price of Homes Sold (November, 2011): 275,000
The nu
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